Reuters - PAI and Marcolin in Talks
The main shareholders in Italian sunglasses maker Marcolin SpA are in advanced talks on the sale of a controlling stake to private equity fund PAI, the company said, sending its shares up as much as 10 percent to their highest in over a year, Reuters reported. Marcolin, maker of sunglasses for brands including Tod's and Diesel and which ranks third in the Italian market by sales after Luxottica and Safilo, confirmed on Monday reports that talks with PAI were underway.
8 October 2012•2 mins read
